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IHC orders removal of NBP president, BoD chairman June 30, 2021 ISLAMABAD: The Islamabad High Court (IHC) on Tuesday has ordered the immediate removal of National Bank of Pakistan (NBP) President/ Chief Executive Officer Arif Usmani and Chairman Board of Directors (BoD) Zubyr Soomro from their posts. Justice Mohsin Akhtar Kiyani on Tuesday announced the verdict, reserved on June 2, about a petition filed against the appointment of the NBP president. The IHC heard the petition filed by citizens Syed Jahangir, Javed Iqbal, Fazal Raheem and Latif Qureshi. The petitioners challenged the notification dated 12 January, 2019 regarding the appointment of Usmani as NBP president, terming the appointment not in accordance with the requirements of transparency. ....
14th May 2021 3:39 pm Dundee-based start-up SolarisKit has developed a thermal collector flat pack kit that promises to provide cheaper access to hot water in Rwanda. The company was founded by mechanical engineer Dr Faisal Ghani in 2019, aiming to provide an affordable, sustainable and practical solution for heating water after reading a journal on Rwanda’s energy usage. Recently, SolarisKit completed the Royal Bank of Scotland’s three-month Climate Entrepreneur Accelerator programme. RBS has established a corporate partnership with SolarisKit as its first UK customer, with plans to install the thermal collector at its Gogarburn HQ in Edinburgh. The ‘S200’ thermal collector developed by SolarisKit is one of the world’s easiest and cheapest to install according to the team, with product trials set to begin in June and 80 units already shipped to Rwanda. ....
A SCOTTISH company has developed the “Ikea solution” to solar power with a flat-pack thermal collector that is set to provide cheaper access to hot water in Rwanda. Production of the pioneering SolarisKit solar thermal collector has started in Dundee and is set to undergo field trials in Africa while the firm is also looking at entering other markets in the UK, Europe and the US, and is in talks with Amazon. It said one use in the UK could be for glamping and holiday parks while the more temperate climate makes it useful for heating public swimming pools. The firm, which will plant 25 trees for every kit installed, is planning the move after graduation from Royal Bank of Scotland’s Climate Entrepreneur Accelerator Programme. ....